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$232,034

7430 Pickett Orchard Dr, Houston, TX, 77016

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.96 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,031 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1303280030011
Lot Number11
SubdivisionLeland Woods
Land UseResidential
Legal DescriptionLT 11 BLK 3 LELAND WOODS SEC 2
Census Tract231400
Assessed Land Value$41,761
Assessed Improvement Value$190,273
Assessment Year2025

About this property

PRICE IMPROVEMENT on this spacious property with a sizable fenced backyard. Three bedrooms upstairs, with a additional gameroom area adjacent to the primary bedroom. There is also an office desk area outside of the secondary bedroom. The main living area is generously sized, providing ample space for relaxation and entertainment.

Investor Tools

Property Icon
$232,034
Estimated Property Value
$225,055Estimated Mortgage Balance
$12,640Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,855
$232,034
2025
$41,761
$190,273
$232,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,855
$232,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$225,055
No
First
Dec 10, 2024
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,394
$12,640
5%
95%
$1,350/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,650/mo
+$72/mo
8.9%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7430 Pickett Orchard Dr | Property Details | No Agent List